Tuesday, August 25, 2020

The debate, which has already turned emotional

The national discussion on fetus removal concerns both the lawful just as the ethical parts of the issue. The discussion has become provocative as well as gotten exceptionally troublesome too, viably polarizing Americans into the individuals who bolster the training and the individuals who restrict it.The banter, which has just turned passionate, has concocted names for the two contradicting camps. Professional fetus removal Americans are alluded to as â€Å"anti-life† or â€Å"pro-choice† while the individuals who are against the training have been called â€Å"pro-life† and â€Å"anti-choice† (Internet Infidels, 2005). At the end of the day, on the off chance that one passes by these marks, a lady who resorts to fetus removal is blameworthy of stopping life by practicing her decision. One who is against the act of premature birth, then again, is totally supportive of permitting the life of a baby to continue.It is additionally the dispute of the â€Å"p ro-lifers† or the counter fetus removal camp that it is the obligation of government to forbid ladies to end their pregnancy through fetus removal, in this way illegalizing the training. Fetus removal advocates, then again, keep up that ladies ought to be given a decision whether to proceed or stop their pregnancies and that administration ought not meddle with this choice.Some individuals likewise utilize the terms secularists and nonbelievers to allude to supporters of premature birth while most enemy of premature birth Americans are said to have a place with the diverse Christian divisions in the nation. This just demonstrates against fetus removal Americans believe themselves to be God-dreading while at the same time seeing the individuals who favor premature birth as non-adherents (Religious Tolerance.org, 2008).Labels in any case, defenders and adversaries of premature birth have offered their own contentions on the side of their positions. While there are the individual s who contend for fetus removal for the basic explanation that they trust it to be their entitlement to pick whether to carry their pregnancy to realization or stop them for their very own reasons, some genius premature birth Americans favor premature birth just under explicit circumstances.One circumstance where ace decision advocates truly demand premature birth is the point at which the pregnancy imperils the life of the lady. As per them, in such a circumstance, it is smarter to choose an early premature birth and spare the life of the pregnant lady than hang tight for the baby to completely create and chance murdering the mother or cause her to experience the ill effects of perpetual handicap due to the pregnancy.Another circumstance is the point at which the pregnancy is the aftereffect of assault and inbreeding. They contend that assault and inbreeding are egregious violations which produce profoundly damaged victims.When these wrongdoings result to pregnancy, the casualties are subsequently tormented since their pregnancy fill in as a steady token of their nerve racking experience. On the off chance that premature birth isn't permitted in such cases and the ladies at last conceive an offspring, the lives of both the ladies and their kids would be hell.Still another is when pre-birth tests show that the embryo is either contorted that life after birth would just be for a couple of hours or a couple of days, or that the youngster would be impeded to the point that their life would just be one enduring after another. Premature birth defenders guarantee that closure such a pregnancy would be a demonstration of benevolence (Religious Tolerance.org, 2008).Opponents of fetus removal, notwithstanding, have dismissed the contentions advanced by its supporters. To start with, they contend that consummation pregnancies coming about because of assault and interbreeding is totally indecent. As per them, premature births in such cases add up to â€Å"killing a blam eless kid in view of the wrongdoings of her father.†They don't buy in to the conviction that getting rid of the proof of the wrongdoing (the pregnancy) would at last moderate the circumstance. Rather, they keep up that while hoodlums ought to be rebuffed for their wrongdoings, the honest ought to be permitted to live.Second, adversaries of fetus removal protest the contention that it is the privilege of the pregnant lady to conclude whether to have a premature birth or not. As indicated by them, if the pregnant lady accepts that she has certain rights, the kid that she is conveying likewise has the option to live (Johansen, 1996).Finally, genius life advocates keep up that kids are God’s blessing to man and that their folks are just their guardians. Youngsters, in this way, ought to be permitted to carry on with the existence that God had made arrangements for them (D’Silva, 2007).Personally, I accept that fetus removal is an issue that ought to be treated on a c ase to case premise. In spite of the fact that it is for the most part accepted that a hatchling is as of now a type of life, the second its reality would demonstrate deadly to the mother, fetus removal ought to be allowed.My reason is straightforward: on the off chance that a pregnancy could kill the mother, at that point it is smarter to prematurely end it than chance the life of the mother and conceivably that of the youngster. I am additionally persuaded that regardless of whether the pregnancy is the aftereffect of assault or inbreeding, such wrongdoings are insufficient to rebuff the honest by executing the offspring of attackers and forbidden dads. In fact, kids ought to never be rebuffed for the wrongdoings of their fathers.ReferencesD’Silva, R. (2007). Hostile to Abortion Arguments †Reasons Against Abortion. Recovered September 12, 2008 fromhttp://www.buzzle.com/articles/antiabortion-contentions reasons-against-abortion.htmlInternet Infidels. (2005). On The Issu e of Abortion. Recovered September 12, 2008 fromhttp://www.infidels.org/library/present day/discusses/secularist/fetus removal/index.shtmlJohansen, J. (1996). A Summary of Pro-Choice Arguments. Recovered September 12, 2008 from http://www.pregnantpause.org/prematurely end/choicarg.htmReligious Tolerance.org. (2008). Premature birth get to: All sides of the issue. Recovered September12, 2008 from http://www.religioustolerance.org/abortion.htm Â

Saturday, August 22, 2020

Significant Leaders of the Russian Revolution essays

Critical Leaders of the Russian Revolution articles Unrests in the past have happened due to amazing unique pioneers. The Russian Revolution suggested total and intense change, however the progressives were the individuals who attempted to realize such changes. Lenin and Stalin were compelling progressive pioneers that set up another method of living and thinking which helped lead to the Russian Revolution. The Russian Revolution is viewed as one of the most striking occasions in mankind's history. It stopped the Czarist system. In its place, a republic was set up. The achievement of the Russian Revolution changed the character of the patriot upsets in the frontier world. They were given new social and monetary substance. The Russian Revolution of 1917 changed a destitution stricken Czarist Russia into a superpower, under the controlling and amazing and cruel spirits of Lenin, Stalin, and different pioneers. The significant pioneer of the Bolsheviks was Vladimir Ilyich Ulyanov who later embraced the name of Lenin. Lenin and the Bolsheviks assumed responsibility for the administration and lead it to the Bolshevik Revolution. The common war in Russia and the transformation devastated the Russian economy. Lenin moved his job and began to resuscitate the economy and remade the legislature. This Bolshevik Revolution introduced social, political and financial balance. It gave a go to the pres ent considerations of communism and socialism. The socialists in Russia struck at Czarism vivaciously through an upset and set up a socialist system. Their socialism depended on the tenets of Karl Marx. The vast majority today when they know about the word unrest consider political upheaval and gather up dreams of dread, gore, and change achieved by a couple with the utilization of a power. Insurgency, in this way, implies a danger, dread and something basically insidiousness to a great many people. A case of this definition was Russia under the standard of Joseph Stalin. After Lenin kicked the bucket, Stalin held onto power and tra... <!

Tuesday, August 4, 2020

How to Start a Rhetorical Analysis Essay

How to Start a Rhetorical Analysis Essay Nowadays, in more and more educational institutions, students get the task to make a rhetorical analysis. Often, tutors ask students to make the analysis of a book, TV program or a movie and transform it into an essay. To know more about how to start a rhetorical analysis essay, keep on reading the article. It will also provide you with rhetorical analysis paper writing tips. How to specify an essay on rhetoric? It is a written criticism that involves the basis of rhetoric study to reveal the connection between the author, his work, and the people who read it. Rhetoric is a kind of reflection, it is intended to teach how to persuade, apprise, or motivate certain opponents in particular cases. In this kind of essay, you may analyze different articles, movies, and TV programs to deliver a statement to a particular reader. To craft this type of paper, you have to define the way the author tries to state his argument. Besides, you may include your thoughts about whether the argument is strong or not. The way to begin a rhetorical essay To help you start the paper, we suggest the following format, which can be used to make a structure of the analysis: Rhetorical analysis essay introduction writing. This is an important section of the paper, and if you want it to be successful you should try to make the introduction as good as you can. In this passage, you describe the work in general and drive the readers at the thesis statement which is a brief summary of the analysis that is going to follow next. Usually a thesis statement is contained in one or two clauses and is placed in the first or the last clause of the passage but it is not obligatory rule. What is more important is that the statement must conclude the argument. However, it should not be broad or too narrow so that the reader could understand the subject of the work. The rest of the passage reveals the subject that is going to be discussed. You may not specify ?rhetoric? or ?rhetorical analysis? for the person that will read the paper. However, you have to provide the contexture referring to the object that you want to analyze. ?Object? is any material you are going to an alyze and it can be even a movie or an image. You may provide the information about the reasons the object was produced and the place of its production. The golden rule for the introductory passage is that it must contain a proper background for the object you want to discuss and it also must attract the attention of the reader. Consider a crucial statement and reveal several reasons why it is significant. If you are analyzing a literary work, estimate the evidence that backs the major reasons. Make the analysis of how the author supports his believability and how he makes the work emotionally appealing. To sum up the paper, make the analysis of what effect does the major argument have on the readers. Consider if the readers may accept the reasoning and what will be the consequences of this accepting. If your conclusion is strong, you will persuade the readers and they will support your viewpoint. A lot of students mistakenly suppose that it is their final possibility to beat into their opinion, but the concluding passage if the one that follows the passage where they must do it. A concluding passage must reflect the one you started the paper with. But do not just rephrase the information you have already stated and finish with ‘that is all, goodbye’. Reiterate why the problem is crucial and why it is important to support your viewpoint on it. It would also be OK if you appealed to emotions after finishing the argumentation.

Saturday, May 23, 2020

Symptoms And Symptoms Of Anxiety Disorders - 1665 Words

Anxiety Disorders With having so many natural explanations for the potential development of a mood disorder, do anxiety disorders also have natural components? The study conducted by Balik, et al. (2014) didn’t only contain findings of PMS and mood disorders; they also found evidence relating PMS to anxiety disorders. They reported that â€Å"more than half of women with PMS have a history of anxiety† (p 373). Does this mean that PMS is indicative of an anxiety disorder or is it the other way around? Regardless of which comes first, having one may also mean that woman has the other. If a woman has PMS they may also have anxiety and vice versa, if a woman has anxiety they may also suffer from PMS. Additionally, Gagua, et al. (2013) had similar†¦show more content†¦1584). Essentially, because identical twins share 100% of their genes regarding a single trait, it makes sense they would also share 100% of their genes regarding the covariation of two or more traits. They also found a higher neuroticism score for women, which indicates a higher likelihood of GAD. Environmental, or Nurture With such clean implications of natural influences towards mood disorders such as depression, and anxiety disorders, genetics (and biology) clearly play a large role in the development of disorders. Theoretically, environmental factors would play just as important a role in the development of these disorders, as all genetics really do is create a predisposition towards the disorder and doesn’t necessarily cause it, after all, plenty of psychologists (and many other scientists) would argue that humans are merely a product of their environment. Mood Disorders Similar to natural factors, the first type of disorder to examine is mood disorders. Taking the results that Balik, et al. (2014) and Gagua, et al. (2013) found that dysmenorrhea and PMS show an increased risk of a depressive disorder, this is not necessarily a biological implication. While the PMS (or the dysmenorrhea) is, itself biological, the ensuing mood disorder is not necessarily also

Monday, May 11, 2020

Evolution Of Human Resource Management Essay - 974 Words

Evolution of Human Resource Management Administrative Functions The objective of the Human Resource Department is to design management systems to ensure human talent is maximized to effectively and efficiently achieve organizational goals. HR has seven functions that are intertwined. These functions are global, environmental, cultural geographic, political, social, legal, economic, and technological. Human resource management has the potential to drastically impact the success and effectiveness of an organization. Human Resources has heavily focused on recordkeeping and paperwork. It has often been considered a clerical and low-level administrative department. In most organizations, Human Resources is looked upon as the employee mediator in the organization. They tend to be the voice of the employee, building company morale and putting out fires involving crisis management. The problems they deal with are both employee work-related and not work-related. HR strives to ensure fair treatment for all employees. They work with varying departments throughout the organization in order to create and implement necessary programs and policies. HR works with equal employment opportunity and other laws, to ensure compliance. They work to fill current job openings by processing applications, interviewing, and training. They answer questions regarding benefits and wages and address safety issues. The expansion of technology and outsourcing have drastically transformed theShow MoreRelatedEvolution Of Human Resource Management1046 Words   |  5 PagesUniversity â€Æ' Evolution of Human Resource Management The evolution of Human Resource Management has transitioned from a very simple administrative function to a very multifaceted strategic function that still includes administrative, operational, and strategic tasks in the organization. In the beginning of Human Resource Management, the roles of Human Resource personnel was mainly just to hire employees, deal with compensation, benefits, legal issues, and the firing of employees. Today, Human ResourcesRead MoreEvolution Of Human Resource Management2149 Words   |  9 PagesAccording to Merriam-Webster, the term human resources started in the 1960s and is defined as â€Å"a department within an organization that deals with the people who work for that organization† (Human Resources, n.d., p. 1). In this assignment I will discuss the evolution of human resource management, workplace trends affecting human resources, strategic positioning of HR, the major objectives of human resource planning, key tools HR managers utilize to improve performance, and the challenges forRead MoreEvolution Of Human Resource Management1263 Words   |  6 PagesIntroduction Human resource management (HRM) recognized by most organizations today as contributing strategically important functions, which contribute towards their success. Exploring HRM’s beginnings will provide insight regarding progression and development of previous practices leading to current human resource management processes and its future challenges in Canadian healthcare organizations. Prior to the 1900s, Anastakis (2006) indicates the existence of diminutive businessesRead MoreEvolution of Human Resource Management7638 Words   |  31 PagesGROWTH AND GLOBALIZATION: EVOLUTION OF HUMAN RESOURCE MANAGEMENT PRACTICES IN ASIA ARTHUR YEUNG, MALCOLM WARNER, AND CHRIS ROWLEY In this introductory note, we offer an overview of how human resource management in Asian countries and corporations is evolving in the face of rapid business growth and integration into the global economy and we describe how the articles in this Special Issue contribute to new knowledge and insights regarding key issues, challenges, and evolution in the field of HRM in AsiaRead MoreEvolution Of Human Resource Management1959 Words   |  8 PagesIntroduction Human resource management has been an evolving discipline since its creation. Societal influences, organizational demands, and technological advances have all affected the role human resource managers play in an organization. This case study will recount the history and evolution of human resources from performing purely administrative tasks to becoming a strategic leadership partner, examine the main objectives of human resource management, the current trends influencing the disciplineRead MoreEvolution Of Human Resource Management2625 Words   |  11 Pagescovers the evolution of human resource management and discusses current issues and trends in the field. Changes in orientation, such as changes from personnel to human resources, administration to management, and human relations to organizational effectiveness, are covered. Utilizing the concepts and technology described can greatly improve the effectiveness of any human resources department. Ideas for future research and pra ctice are also suggested. â€Æ' Evolution of Human Resource Management KeyRead MoreEvolution of Human Resource Management in the Past Decade683 Words   |  3 PagesAbstract The paper discusses how the field of Human Resource Management has evolved over the past decade. It also highlights the specialized areas of Human Resource Management that are providing great opportunities for college students to pursue a career in Human Resource Management The field of human resource management has evolved a great deal over the past decade. Systems are far more sophisticated than they used to be which has allowed many improvements as the flow of information is muchRead MoreHuman Resource Management And The Bureaucratic Era1222 Words   |  5 PagesHuman Resource Management is a vital function in any organisation and operates in legal and social environments that are becoming increasingly complex. It is defined as the process and practice of managing and advising executives on staff recruitment, selection, retention and development (Clegg, Kornberger Pitsis 2011). In the post-bureaucratic era, these management styles have altered to cater towards satisfying employees through intrinsic rewards by providing pride, relationships, meaning andRead MoreGary Dessler Human Resource Management 14th Edition1672 Words   |  7 PagesGary Dessler Human Resource Management 14th Edition.pdf Download Gary Dessler Human Resource Management 14th Edition.PDF Now Gary Dessler Human Resource Management 14th Edition - Are you looking for ebook gary dessler human resource management 14th edition PDF? You will be glad to know that right now gary dessler human resource management 14th edition PDF is available on our online library. With our online resources, you can find gary dessler human resource management 14th edition easily without

Wednesday, May 6, 2020

Social Work and Data Protection Free Essays

CYP3. 3: Understand how to safeguard the well being of children and young people 1. 2 Explain child protection within the wider concept of safeguarding children and young people Child protection is much more than safeguarding or protecting children from direct abuse. We will write a custom essay sample on Social Work and Data Protection or any similar topic only for you Order Now The ‘Safe action plan’ is a piece of legislation that is very similar to the outcome of the 10 year strategies which we have here in Northern Ireland. It shows an understanding that children need protected in a wider view of safeguarding and has recognised a number of aspects in areas of protection . Keeping children safe. . Crime and bullying . Forced marriage Missing children . Actively promoting their welfare in a healthy and safe environment. This action plan is designed to work in a more holistic nature and be more ‘child centred’ promoting a happy safe environment for the child, supporting the child in areas of social and emotional wellbeing, healthy eating e. g. Healthy eating vouchers, no tolerance to bullying. 1. 3 Analyse how national and local guidelines, policies and procedures for safeguarding affect ‘day to day work with children and young people. As it is the responsibility that anyone who comes into the contact of children directly or indirectly have a duty to keep children safe. And have the ability to recognise if a child is at risk of harm or abuse the local guidelines, policies and procedures have some clear guideline responsibility exist to ensure children are protected. The table below shows the English equivalent to the ‘Department of Health, Social Services and Public Safety’(DHSPSS) which issues guidance for or four local health and social service boards in Northern Ireland. THE LINE OF RESPONSIBILITY TO ENSURE CHILDREN OR PROTECTED There is a multitude of services and people who work directly with children and are guided by regional policies such as professional nurses, doctors, social workers. Teachers, classroom assistants and education officers. Also those who offer leisure activities such as football coaches, piano teachers, drama club leaders etc. all of which will need to be familiar with their settings/ organisations policy and procedures. The policy and procedures in my setting is also based on the guidance of the DHSPSS. It is made available for all in the setting to be made aware of and to know how to follow. Each setting including my own has a flow chart of steps to follow in the case of suspected abuse. ( please see copy of flow chart attached. The guidance in my setting are clear and if I had to report an incident of suspected abuse I would know who and how to report this. By following the flow chart guidelines I would be able to do the above in a professional manor keeping the child’s best interest foremost. 1. 5 Explain how the processes used by own work setting or service comply with legislation that cover data protection, information handling and sha ring. My organisation and myself understand that data protection is a legal legislation where the information held on service users must be kept safe, must be accurate, kept up to date and used only as needed. In my work setting data protection is held very highly as the information held in the setting about service users may be of a very sensitive nature and not for public knowledge. Staff are required to complete mandatory training on confidentiality, and are aware of the consequences if they breach the policies and procedures of the organisation regarding data protection and confidentiality. As all information on a service user is covered by the data protection/ confidentiality policies there are times when this information can not be kept secret e. g. when abuse is suspected. There is procedures set up to pass this information on but keeping it to a need to know bases. E. g. designated child protection officer who will then pass it on to the appropriate organisations. Social worker, police etc. CYP3. 3 LO 1. 1-5 Department of Education- overall responsibility for safeguarding and child protection in England Issue statutory and non statutory guidance to local authorities Local authorities – use guidance to produce procedures for services and practitioners Services use basis for their own polices and procedures. How to cite Social Work and Data Protection, Papers

Thursday, April 30, 2020

The Elasticity of Oil Production and Consumption

Table of Contents Introduction Oil Demand Oil Supply Peak oil production Oil Price elasticity of supply Conclusion Works Cited Introduction Oil is one of the leading good consumed in the world. It is a commodity that is mostly traded at the global scene. Majority of countries in the world depend on this good for servicing their industries and for manufacturing. Oil is the major source of energy in the world. The case of fluctuation in prices of oil is a very common global phenomenon, with the rise in prices bringing a blame game.Advertising We will write a custom research paper sample on The Elasticity of Oil Production and Consumption specifically for you for only $16.05 $11/page Learn More When oil prices rise a lot of friction is witnessed with most governments blaming the international oil cartels, the citizens blaming the governments for not taking steps to regulate the prices of oil while other economists stand to argue that market forces are t he determining factors and hence no need for blaming one another. The effects of changing prices of oil have far reaching impacts to the global economy (Riley, para. 1). This paper explores the market forces in the oil market and how their elasticity affects the supply and demand of oil. Oil Demand The efficiency of energy, for instance oil can be established by measuring the energy quantity used per unit of the output attained. This is also referred to as energy intensity. It can also be established by comparing the increase in the rate of energy consumption and the rate of gross national product growth which roughly equals to the demand elasticity for energy (Amuzegar and Fonds monetaire international, p. 87). It is a fact that energy demands is at greater length unrelated to the price of energy that is in the short-run. However, in the long-run, resilient changes in prices of energy have a significant effect on the demand for the commodity (Natal, p.26) There exists a strong corr elation between oil and the rate at which the world economy grows because of the essentiality of oil as an input in industry. As the economy develops, demand for oil in the economy rises. For instance, China’s economy has grown very fast, and this growth has been accompanied by a rapid growth of the output of the country in sectors that consume a lot of energy. This has necessitated an upsurge in the demand for oil in the economy of China. This is referred to as cyclical demand (Riley, para. 3). The demand for oil can be also affected by the prices of oil substitute products, for instance the relative price of gas in the market. If more reliable and relatively cheap oil substitutes are developed, that is on a long term basis, the demand is most likely to shift away from oil to its substitutes. However, this is still at a wishful level. The changing seasons affect the demand for oil.Advertising Looking for research paper on business economics? Let's see if we can help yo u! Get your first paper with 15% OFF Learn More During the winter season in the United States and Canada, more energy is needed to run the heating systems both in houses and at the places of work thus the demand for oil rises (Riley, para. 4). There always exists a speculative demand for crude oil that is purchasers always do hope for an increase in oil prices in the world market. This has made many oil businessmen and corporations to invest in buying future oil contracts (Riley, para. 6). Oil Supply When the supply of oil is discussed, a crosscut line should be made between short and long term supply of oil to the global market. The curve indicating short run supply is drawn basing on a given technological state of production and the use of capital inputs in a fixed basis. In the daily supply of oil, a short-run limit is inevitable, but as production nears capacity limits, the short-run oil supply become elastic (Riley, para. 8). The short-run of oil supply is affected by a number of factors. Profit motives of both OPEC non–OPEC countries have a big impact on the supply of crude oil. OPEC accounts for approximately 40 percent of oil supply in the world while other countries account for the other percentage. It thus has a central influence in determination of prices of oil – that is when members act together to take charge of production and put to balance the market forces in the world market. The cartel sets quotas on the amount of crude oil they are to produce with the reason to stabilize oil price at a certain targeted level (Riley, para. 9). On the other hand, the long run supply of crude oil in the market is also influenced by certain factors. These are low oil reserves that results from depletion of the oil resources due to an ever increasing demand for the commodity. Exploration affects the supply of oil by the virtue of the investment in exploring new oil zones. Change in the technology of extracting oil affects the extraction co st and the profit levels of extraction and refining thus impacting on the supply of the commodity (Riley, para. 10). Most classical economic theorists on argue that a rise in demand for a good or service results in the rise in the price for that good. They further add that when prices of a commodity rise, more businessmen are attracted to invest in the production of the commodity. This leads to a surplus in production, thus resulting in a shrink in price as competition between manufacturers continue. However, these economics failed to consider their argument as it should be applied on a depleting good like oil, minerals and natural gas. The production and consumption of these commodities is relatively inelastic when other factors for example politics, cultural factors and environmental destruction are held constant. For these commodities the shifts in investment however huge the shift may be has no likelihood to lead to a correspondence rise in supply (Cooke, para.3).Advertising We will write a custom research paper sample on The Elasticity of Oil Production and Consumption specifically for you for only $16.05 $11/page Learn More The global oil market has been very inelastic to an extent that huge rises in upstream investment do not produce contemporaneous rise in supply anymore. Assuming that other factors remain constant, it takes a very long time to establish an oil field. Moreover, we have limited ability to bring newer production online thus. The limit is caused by political objectives of nations and the cultural constraints. An example is countries like Venezuela, Iraq or Nigeria where cultural economics has worked in any potential elasticity to decline due to local restrictions (Cooke, para.3). The efficiency of energy can be established by measuring the energy quantity used per unit of the output attained. This is also referred to as energy intensity. It can also be established by comparing the increase rate in energy cons umption and the rate of gross national product growth which roughly equals to the demand elasticity for energy (Amuzegar and Fonds monetaire international, p. 87). It is a fact that energy demand is unrelated to the price of energy that is, in the short-run. However, in the long-run, resilient changes in prices of energy have a significant effect on the demand for the commodity (Natal, p.26) Peak oil production After the mid 2008, the aggregate demand for oil declined due to very high prices. This is the time when the world recession was beginning. The oil price later collapsed. The demand for oil recovered in 2009. The sharp rise in price of oil followed and was accompanied by a sharp rise in commodities and services that utilize oil in its production (McGreal, p. 120). Oil Price elasticity of supply Price elasticity is the measure of the level to which production can rise to satisfy the rising demand. The increase in production is related to a rise in prices. If the supply of oil is inelastic, increased production is followed by a sharp rise in prices. It is presumed that the ceiling price of oil that we experience today is linked to the recovering demand that has come after the recession rising against a tighter supply. The sharpest recession was experienced more than seventy years ago (Natal, p. 27).Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Conclusion Oil is a very important commodity that is widely consumed globally. Prices of oil have more often than not generated big debates and causing friction in some countries. The demand for oil keeps increasing. The demand and supply of oil is determined by numerous factors though there are some dominant factors that affect oil production and consumption. The elasticity of oil production and consumption is centrally impacted by the oil cartel that controls the production of oil in the world. Works Cited Amuzegar, Jahangir and Fonds moneÃŒ taire international. Oil exporters’ economic development in an interdependent world. Washington, D.C: International Monetary Fund. 2010. Cooke, Ron. â€Å"The elasticity of oil production and consumption†, Energy Bulletin, 2007. Web. McGreal, Ryan. Rising Gas Prices and the Unnameable Cause: Peak Oil, 2010. Web. http://raisethehammer.org/article/1234/rising_gas_prices_and_the_unnameable_cause Natal, Jean-Marc. Monetary Policy Re sponse to Oil Price Shocks. Zurich: Swiss National Bank, 2010. Print. Riley, Geoff. AS Markets Market Systems: Market for Oil. 2006. Web.. https://www.tutor2u.net/economics/reference/finite-and-renewable-resources This research paper on The Elasticity of Oil Production and Consumption was written and submitted by user Valentin Dunn to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.